Los Angeles, CA 90011 1212 E 54th Street
$760,000
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
SQFT • 2,496
Garage • 2
Home Details
Take advantage of this incredible opportunity to own a duplex with two spacious 3-bedroom, 1-bath units with a detached garage. This property is fully occupied with long-term, reliable tenants and offers immediate income potential. Each unit is separately metered for gas and electricity, with tenants covering all utilities except water. The property is gated for privacy and is priced to sell fast! You are located in a prime, highly sought-after area, just minutes from schools, USC, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. Whether you're a seasoned investor or a first-time buyer, this property offers strong rental upside in a vibrant metropolitan setting.
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
Interior Features for 1212 E 54th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1212 E 54th Street
AccessibilitySafeEmergencyEgressFromHome
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
CountyLos Angeles
Days on Market1
DirectionsHooper Ave/ 53rd St
Electric Expense1204.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2024-09-05
Exterior FeaturesLighting
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5137.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense2000.0
MobileHomeRemainsYNNo
Net Operating Income37724.0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense7204.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot106
TermsCash, Conventional, Exchange1031
Trash Expense0.0
View Y/NNo
Water Sewer Expense4000.0
Waterfront Y/NNo
Year Built1923
Year Built SourceEstimated
ZoningLAR2
Exterior for 1212 E 54th Street
Building Area Total2496.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1179
Lot Size Area5137.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, Gated, OffStreet, OneSpace
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480